The post Missed NEIRO and POPCAT? Shiba Shootout is a Top Meme Coin to Watch Now appeared first on Coinpedia Fintech News
NEIRO and POPCAT are two trending meme coins this season. They went on to make huge gains for strategic investors in September and October. But meme coin gains are often followed by steep price corrections, and it’s only a matter of time before they fall prey to the trend.
That has urged investors to look for alternatives. A top new meme coin that has caught their attention is Shiba Shootout––a P2E project set in the Shiba Inu universe.Â
Are NEIRO and POPCAT Going Down?
The impressive gains recorded by NEIRO and POPCAT have sparked fresh excitement in the meme coin market, which is notorious for its unpredictability.
Here, investors have little time to act. Prices can skyrocket or plummet within hours. This volatility is what makes meme coins interesting. That also explains their widespread popularity.
Unlike the utility-driven side of the market––which focuses on projects like Bitcoin, Ethereum, Solana, and Cardano––the meme coin market is far more welcoming to newcomers. New tokens keep investors on their toes.
The meteoric rise of tokens like NEIRO, POPCAT, WIF, and even PEPE is rooted in this phenomenon. For example, Pepe was only launched in 2023. It is the world’s third-largest meme coin now.
NEIRO’s ascent has been equally fascinating. After a slow start, the token went on a massive surge a few weeks back, thanks to Ethereum co-founder Vitalik Buterin. His donation to an animal welfare fund using NEIRO sparked a wave of interest in NEIRO. It caused NEIRO’s market cap to soar above $800 million by October.
Solana meme coin POPCAT, on the other hand, capitalizes on the viral POPCAT meme. It has recorded steady growth this year. The market cap of POPCAT (SOL) stood above $1 billion at the time of writing.
But the constant churn of the market threatens NEIRO and POPCAT. With market caps in the hundreds of millions, they are about to hit the ceiling. Apart from speculation and community support, they don’t have anything driving their growth.
Why Shiba Shootout Could be the Next Meme Coin to Break Out
One of the latest meme coins drawing attention is Shiba Shootout. It brings a unique blend of meme coin culture and play-to-earn (P2E) gaming.
The presale of SHIBASHOOT tokens has already raised $1.2 million. It offers early investors a chance to buy in at a low price and secure high rewards down the line.
While most meme coins focus primarily on hype, Shiba Shootout integrates a dynamic gaming experience into its ecosystem. Set in Shiba Gulch, a lawless, Wild West-inspired town, players join Marshal Shiba and his crew, the “Shiba Sharpshooters,” in exciting gunfights. Players earn SHIBASHOOT tokens for their victories.
The game is available on both Android and iOS platforms. A new version is set to launch once the presale concludes. Timing, precision, and strategy will be key to mastering the gameplay. For those tired of projects built on speculation, Shiba Shootout presents a refreshing alternative.
Early investors can stake their tokens right from the presale. The earlier the tokens are staked, the higher the staking APY. Over 42 million tokens have already been staked.
In addition to staking, Shiba Shootout offers a range of rewards programs. Posse Rewards is a referral program that incentivizes community growth. Lucky Lasso Lotteries give the community a chance to win huge rewards, fuelling engagement. Campfire Stories nurtures belongingness in the community by encouraging members to share their personal experiences in the crypto market.
Is it Too Late to Buy $SHIBASHOOT?
No, the $SHIBASHOOT presale is still live. It gives users a chance to secure the token before its exchange listings and potential breakout.
Meme coin investors are no longer content with simple speculative hype. It is unreliable. As the competition in the meme coin space heats up, projects that offer more than just speculative value are coming into focus.
That turns the spotlight to projects like Shiba Shootout, which combine innovation and entertainment. It is a top crypto to watch now.
To join the presale, investors will need a crypto-compatible wallet like Metamask or Best Wallet. The compatible cryptocurrencies are ETH and USDT. Although fiat cards are supported, investors should connect a crypto wallet to the website to join the presale. The purchased tokens will be transferred to this wallet. The claim date will be announced after the presale sell-out.
Join the Shiba Shootout (SHIBASHOOT) Presale
Join the Shiba Shootout community on X (Twitter) and Telegram for the latest updates.Â
